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Industrial Property For Sale at #11 27123 Hwy 597 in Lacombe, Alberta

updated
4 Sale ID #219363
Updated 05 May 2024

Asking Price

$1,850,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

9360 square foot Fabrication / Industrial Facility with a 480 square foot Office trailer on 4.01 Acres in Burbank Industrial Park. The property is on 2 titles, the 2 acre lot could be sold off separately. In addition to the building is an Outdoor Crane Extension for the 10-ton crane. This facility was previously used as a Rebar Fabrication Plant and Rig Mat manufacturer, but could host many different types of businesses. It's a great property isn't it? Shouldn't it be yours! (id:39198)

  • MLS® : #A2117318
  • Date Listed : 25 Mar 2024

Location

Province

Alberta

City

Lacombe

Address

#11 27123 Hwy 597

Postal Code

T0M0J0

Location Highlights

N/A

Listed by

Realty Executives Alberta Elite Alberta listing

Category

industrial-properties

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

9,327

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,850,000

Asking Price

$1,850,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

9,327

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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